JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB) Stock Short Interest Rises 111.1%

JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB) was the recipient of a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 1,686,454 shares, an increase of 111.1% from the September 15th total of 798,761 shares. Based on an average trading volume of 4,380,010 shares, the short-interest ratio is presently 0.4 days. Approximately 0.5% of the company’s shares are sold short.

Institutional Investors Weigh In On JPMorgan Core Plus Bond ETF

A number of institutional investors have recently added to or reduced their stakes in JCPB. Stonehearth Capital Management LLC grew its position in JPMorgan Core Plus Bond ETF by 4.6% in the 1st quarter. Stonehearth Capital Management LLC now owns 7,576 shares of the company’s stock worth $357,000 after purchasing an additional 331 shares during the period. Nolet Wealth Management LLC raised its holdings in JPMorgan Core Plus Bond ETF by 1.8% during the second quarter. Nolet Wealth Management LLC now owns 28,444 shares of the company’s stock valued at $1,335,000 after acquiring an additional 501 shares during the period. First Citizens Financial Corp boosted its stake in JPMorgan Core Plus Bond ETF by 2.9% in the 2nd quarter. First Citizens Financial Corp now owns 21,561 shares of the company’s stock worth $1,012,000 after purchasing an additional 600 shares during the period. Semus Wealth Partners LLC increased its holdings in JPMorgan Core Plus Bond ETF by 10.9% in the 1st quarter. Semus Wealth Partners LLC now owns 6,535 shares of the company’s stock valued at $308,000 after acquiring an additional 642 shares during the last quarter. Finally, SHP Wealth Management purchased a new stake in shares of JPMorgan Core Plus Bond ETF in the fourth quarter worth about $31,000.

JPMorgan Core Plus Bond ETF Price Performance

Shares of NYSEARCA:JCPB traded up $0.27 during mid-day trading on Thursday, hitting $45.12. The company had a trading volume of 1,760,857 shares, compared to its average volume of 2,059,803. The company has a market capitalization of $16.12 billion, a PE ratio of 60.35 and a beta of 0.26. JPMorgan Core Plus Bond ETF has a one year low of $44.40 and a one year high of $48.17. The firm has a fifty day moving average price of $45.60 and a 200 day moving average price of $46.35.

About JPMorgan Core Plus Bond ETF

The JPMorgan Core Plus Bond ETF (JCPB) is an exchange-traded fund that is based on the Bloomberg Global Aggregate Bond index. The fund is an actively-managed ETF consisting of a broad array of fixed income securities. JCPB was launched on Jan 28, 2019 and is managed by JPMorgan Chase.